5 Ways You Could Make Extra Money in the Gig Economy

Image: Digital Trends

Side hustles are a great way to make that extra money you need to get the independence you desire. Whether you are planning on saving extra money or you are trying to pay off a debt fast, having a small business there to make you some money on the side is a fantastic option and there are plenty of ways to do so.

Even though this is a handy money-making method, many people don’t pursue it because they don’t have the time or do not want the hassle of the associated commitments and responsibility that come alongside developing and setting up your own business, but this shouldn’t put you off.

Nowadays, promoting yourself and making money is a lot easier than in the past. The gig economy is currently on the rise. In fact, it has been described as booming. Getting into this field is a lot easier than it used to be. These days, distributing flyers and putting up posters isn’t required, and a smartphone is all you need to promote yourself. Now is a better time than ever to take advantage of this to make yourself some extra money. To help you on your way, here are five things you could do to make it.

Airbnb

Hosting guests using Airbnb is a great little money-maker. It can be fun and isn’t too hard to implement. Once you have set yourself up, then you will be able to set your rates (which includes a fee for cleaning), you can choose when to host guests (such as times they check in and out, specific months during the year, etc.) and with this business, you have the opportunity to meet people from all over the world and from a variety of backgrounds.

So, if you own your own home and have a spare room in your house that is going to waste, turn it into some extra income.

Pet-Sitting

If you are an animal lover then making money whilst spending time with animals could be an ideal option for you.

There are many apps, such as Rover and Wag, that can help you make money by caring for someone else’s pet, whether that means dog walking or pet-sitting.

This method of making money will require a background check, but once that has been completed successfully you will be able to set your own rates for pet-related services, like home boarding, doggy day-care, drop-in visits, dog walking and house-sitting.

To get started, all you need is to be over 18, own a smartphone, and have some experience with pets.

Taxi Services

Taxis are needed 24 hours a day, seven days a week, especially in busy areas.

Whether you set up a taxi business independently or through a bigger company, as long as you have access to a car a taxi service is an extremely effective way of making yourself more money.

If you decide to set up your own business you will be able to choose when and where you work and you may be able to set your own prices (including premiums during peak times, weekends, events, etc.).

However, with a taxi service you need to make sure you have taxi insurance to cover you and your passengers. You can find a range of helpful insurance companies on this comparison site.

Uber Eats

Delivering food using Uber Eats is a brilliant alternative if driving with Uber is too daunting for you.

Uber Eats is a food delivery service that can be accessed online via an app. If you live in an area where Uber Eats is available then getting into this field of work will be a breeze for you. You get to work for yourself and you will also get paid on a daily basis.

Being your own boss means you will be able to set your own schedule, day or night. If you don’t have access to a car then you may be able to deliver on your bike, although this will depend on where you’re based.

You need to make sure you are over 19 to deliver for Uber Eats, but this could be a a fantastic option for students who need the money.

Walking with Sweatcoin

A growing number of smartphones apps are being launched to help improve an individual’s fitness whilst earning money.

Sweatcoin, for instance, is available for both iOS and Android devices, uses a smartphone’s accelerometer and GPS tracking to monitor the user’s activity levels, and then rewards them for being more active.

Users of this app can earn 95 sweatcoins when they walk 1,000 steps, and these sweatcoins can then be converted into useful gear, gift cards, classes, for travelling or even money.

With so many simple ways to make extra money, there is no reason for you not to take that step to achieve your full potential and earn what you deserve. You just need to make sure you choose the best side hustle for you and that you can fit the extra work around your normal schedule.

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